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        <ExplanationTxt>THE OHIO REALTORS CHARITABLE AND EDUCATIONAL FOUNDATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE SCHOLARSHIP AND GRANT PURPOSES. THIS PURPOSE IS A DIRECT ACCOMPLISHMENT OF ITS SUPPORTED ORGANIZATION'S FORMATION. IN ADDITION, THE SCHOLARSHIP COMMITTEE IS MADE UP OF 3 OFFICERS OF THE SUPPORTED ORGANIZATION. DECISIONS REGARDING THE FOUNDATION'S ACTIVITIES ARE MADE WITH THE HELP OF THESE OFFICERS.</ExplanationTxt>
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        <ExplanationTxt>PAYMENTS MADE ON BEHALF OF SUPPORTED ORGANIZATION.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE I, PAGE 1, PART I, LINE 2</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION ONLY AWARDS GRANT FUNDS/ SCHOLARSHIPS TO STUDENTS WHO HAVE COMPLETED OR ARE CURRENTLY ENROLLED IN AT LEAST ONE REAL ESTATE COURSE AT THEIR RESPECTIVE ELIGIBLE OHIO COLLEGE OR UNIVERSITY.</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>PRIOR TO FILING THE ORGANIZATION EMAILS THE DRAFT FORM 990 TO ALL THE TRUSTEES FOR REVIEW.</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION REGULARLY MONITORS THE POLICY BY REQUIRING THE TRUSTEES TO ANNUALLY DISCLOSE CONFLICTS OF INTEREST. ALSO, THE ORGANIZATION ANNUALLY PROVIDES THE TRUSTEES A COPY OF THE POLICY.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.</ExplanationTxt>
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</Return>
